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Which one of the following is not a part of export documents?
- a)Commercial invoice
- b)Mate's receipt
- c)Certificate of origin
- d)Bill of entry
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which one of the following is not a part of export documents?a)Commerc...
Bill of entry is not a part of export documents.
There are several documents that are commonly used in the export process, including:
Commercial invoice: This is a document that is issued by the seller to the buyer, and it includes information about the goods or services that are being exported, the prices, terms of payment, and any applicable taxes or charges.
Mate's receipt: This is a document that is issued by the shipping company to the exporter, and it acknowledges receipt of the goods that are being shipped. It includes information about the goods, the shipping route, and the terms of carriage.
Certificate of origin: This is a document that is issued by an authorized body, such as a chamber of commerce, and it certifies the origin of the goods being exported. It is often required by customs authorities in the importing country to determine the applicable tariff or trade agreements.
Bill of entry: This is a document that is filed with customs authorities in the importing country, and it includes information about the goods being imported, the importer, and the applicable duties and taxes. It is not a part of export documents, as it relates to the import process rather than the export process.
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Which one of the following is not a part of export documents?a)Commercial invoiceb)Mates receiptc)Certificate of origind)Bill of entryCorrect answer is option 'D'. Can you explain this answer?
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